NOT LISTED FOR SALE

Estimated Value: $1,561,000 - $2,417,000

2 Beds
2.5 Baths
1,636 Sq Ft
$1,142/Sq Ft Est. Value

Last Sold July 15, 2014

Last sale price $1,237,000 $756 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $11,410/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Wood Flooring
  • Juana Briones Elementary School Rated A+
  • Contemporary Architecture
  • Community Pool

About This Home

As of July 2014

This light and bright end unit townhome. Open kitchen with granite counters, breakfast bar, tile floors and stainless steel appliances. The cherry colored hardwood floors in the dining area and living room. High ceilings and plenty windows. The master bedroom is complete with his/hers closets and sinks. Great space for an office or den just off the entry way. Low HOA dues. Great complex w/ a pool.

Last Agent to Sell the Property

Nathan Nunes

Corcoran Icon Properties License #01383064 Listed on: 05/22/2014

Corcoran Icon Properties

Last Buyer's Agent

Nathan Nunes

Corcoran Icon Properties License #01383064 Listed on: 05/22/2014

Corcoran Icon Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,090

Year Built

  • Built in 2008

Lot Details

  • 828

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,636 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Breakfast Bar

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 148-42-135

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, exterior painting, insurance - common area, unit coverage insurance
  • Arbor Real Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,090

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 6
  • Sale Price Per Sq Ft: 756.11
  • Listing Class: Residential
  • Structure Sq Ft: 1636
  • Incorporated: Yes
  • Map Book Page: 811
  • Map Side Coordinate: 2
  • Map Top Coordinate: D
  • Thomas Bros Page: 811
  • Thomas Brothers: D2
  • Year Built: 2008
  • Zoning Description: C3S
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Living Sq Ft: 1636
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Den / Study / Office
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Tandem Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 274
  • HOA Amenities: Club House, Community Pool
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Exterior Painting, Insurance - Common Area, Unit Coverage Insurance
  • H O A Name Text: arbor real
  • Levels In Unit: 3
  • H O A Exist: Yes

Schools

  • School District: Palo Alto Unified

Lot Info

  • Parcel Number: 148-42-135
  • List Price per Sq Ft: 720.66
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1307.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1307.00
  • Lot Size Area Min Search: 1307.00
  • Maximum Lot Size: 1307.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

MLS Schools

  • High School District Text: Palo Alto Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2015
Sold by
Watson Brad
Bought by
Watson Li Chun Annie
Current Estimated Value
$1,867,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$653,000
Outstanding Balance
$512,216
Interest Rate
3.71%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,355,348

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 10, 2014
Sold by
Watson Brad R
Bought by
Watson Li Chun Annie
Seller's Agent
Nathan Nunes
Corcoran Icon Properties
Buyer's Agent
Nathan Nunes
Corcoran Icon Properties
List Price
$1,179,000
Sold Price
$1,237,000
Premium/Discount to List
$58,000
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.73%
Original Mortgage
$437,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2014
Closed on
Jul 7, 2014
Sold by
Wu Shang Chih and Lu Tsuei Hua
Bought by
Watson Li Chun Annie
Seller's Agent
Nathan Nunes
Corcoran Icon Properties
Buyer's Agent
Nathan Nunes
Corcoran Icon Properties
List Price
$1,179,000
Sold Price
$1,237,000
Premium/Discount to List
$58,000
4.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2008
Sold by
Western Pacific Housing Inc
Bought by
Wu Shang Chih and Lu Tsuei Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$723,260
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Watson Li Chun Annie -- Chicago Title Company
Watson Li Chun Annie -- Old Republic Title Company
Watson Li Chun Annie $1,237,000 Old Republic Title Company
Wu Shang Chih $904,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Li Chun Annie $653,000
Closed Watson Li Chun Annie $437,000
Previous Owner Wu Shang Chih $723,260
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2014 07/15/14 Sold $1,237,000 +4.9% $756 / Sq Ft
05/29/2014 05/29/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $1,179,000 -- $721 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,090 $1,486,678 $743,339 $743,339
2024 $18,090 $1,457,528 $728,764 $728,764
2023 $17,823 $1,428,950 $714,475 $714,475
2022 $17,615 $1,400,932 $700,466 $700,466
2021 $17,268 $1,373,464 $686,732 $686,732
2020 $16,920 $1,359,382 $679,691 $679,691
2019 $16,731 $1,332,728 $666,364 $666,364
2018 $16,281 $1,306,598 $653,299 $653,299
2017 $15,995 $1,280,980 $640,490 $640,490
2016 $15,574 $1,255,864 $627,932 $627,932
2015 $15,420 $1,237,000 $618,500 $618,500
2014 $12,180 $968,717 $484,358 $484,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81417823

MLSListings

APN: 148-42-135